Christine M. Mackintosh

Litigation  

• A $300 million settlement of a derivative action brought on behalf of Renren, Inc. relating to a spin-off transaction orchestrated by Renren’s controlling stockholder, Joseph Chen, which is the largest-ever direct cash payment in a shareholder derivative action;  
• A $175 million settlement of a derivative action brought on behalf of McKesson Corporation relating to the company’s failure to adequately oversee its sales of opioid drugs in an action in the United States District Court for the Northern District of California; 
• A $167.5 million settlement of a derivative and class action in  In re CBS Corporation Stockholder Class Action and Derivative Litigation challenging CBS Corporation’s acquisition of Viacom, Inc.;  
• A $60 million partial settlement of a derivative and class action challenging the acquisition of SolarCity Corporation by Tesla Motors, Inc.;  
• A $48.5 million settlement of a class action in  In re MSG Networks, Inc. Stockholders Class Action Litigation challenging Madison Square Garden Entertainment Corporation’s acquisition of MSG Networks, Inc. 

Appraisal Cases 

•  In re Appraisal of Dell, Inc. 
• In re Appraisal of Solera Holdings, Inc. 
• Verition Partners Master Fund Ltd. v. Aruba Networks, Inc.  
• Following a closely watched Delaware Supreme Court argument in the Aruba appraisal, Ms. Mackintosh obtained a reversal of the Chancery Court’s decision that Aruba’s fair value equaled its unaffected stock price.  
• Outside of the United States, represented a number of institutional investors pursuing their appraisal rights against Nord Anglia Education in the Grand Court of the Cayman Islands; following a three-week trial, the Grand Court of the Cayman Islands, Financial Services Division ruled in favor of G&E’s client, finding that Nord Anglia’s fair value was nearly 16% higher than the deal price.  Ms. Mackintosh is currently representing institutional investors pursuing appraisal rights against 58.com in the Grand Court of the Cayman Islands. 

 Securities Fraud  

• In re JP Morgan Chase & Co. Securities Litigation ($150 million recovery)
• In re Refco Securities Litigation ($400 million recovery)
• In re Merck & Co., Inc. Vytorin/Zetia Securities Litigation ($215 million recovery)
• On behalf of individual and institutional investors who have opted out of class actions to pursue individual suits, including representation of investors who opted out of In re Bank of America Corporation Securities, Derivative & ERISA Litigation